BICO

1. Project introduction

Biconomy enables seamless interactions between applications and end-users. The simplified web3 experience will ensure that drop-off rates decrease, thereby increasing user adoption.

Biconomy's aim is to make web3 products as intuitive and easy to use as legacy web2 products. Simplifying this transaction experience will be key for decentralized projects to achieve any sort of adoption. Thus, by solving key pain points at the crypto transactional layer, it is on a mission to simplify Web 3 experiences that will drive mass adoption.

2. Team introduction

CTO: Sachin Tomar

Linkedin: https://www.linkedin.com/in/sachintomar2271/

CMO: Aditya Khanduri

Linkedin: https://www.linkedin.com/in/adityakhanduri/

3. Application and distribution

Total supply: 1 billion

Token application:

BICO is the native work & governance token of the Biconomy multi-chain relayer infrastructure. It plays a key role in decentralizing the network by acting as the network fees, incentivizing all stakeholders to secure and maintain the network, and participating in the network’s governance.

Token distribution:

Community: 38.12%

Team & Advisors: 22%

Private Round: 12%

Foundation: 10%

Seed Round: 6.38%

Pre Seed Round: 6%

Public Sale: 5%

Strategic Investors: 0.5%